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Derivatives Operations Associate

BCforward Boston, MA (Onsite) Contractor
$30.00 - $31.00/Hour
Derivatives Operations Associate

BCforward is currently seeking a highly motivated Derivatives Operations Associate for an opportunity in Boston, MA!

Position Title: Derivatives Operations Associate

Location: Boston, MA 02210

Anticipated Start Date: Immediately

Please note this is the target date and is subject to change. BCforward will send official notice ahead of a confirmed start date.

Expected Duration: 6 months (potential to extend or convert FTE)

Job Type: Full-Time, Contract

Pay Range: $31.72 per hour

Please note that actual compensation may vary within this range due to factors such as location, experience, and job responsibilities, and does not encompass additional non-standard compensation (e.g., benefits, paid time off, per diem, etc.).

Job Description: -

Provide support for Derivatives traded by institutional clients, asset managers, hedge funds and insurance companies who have outsourced part or all of their operations to the client.

Scope includes all existing relationships globally. In addition, the Utility supports other groups within the business in respect of derivative activity.

Responsibilities:

  • Responsible for the daily management of a client's trading activity including reviewing reconciliation breaks on Position, Market price, Income, Cash, Financing and Valuation
  • Dealing with all client and broker queries related to daily trade activity.
  • Responsible for any OTC / CFD related investigation, amendments and delivery sign-off to Fund Accounting and Client
  • Responsible for the derivative services OTC Reconciliation process for clients delivered from the Boston location.
  • To accurately and efficiently reconcile against all core controls for all relevant OTC/CFD deliveries

Qualifications & Skills:

  • Bachelor degree or prior work experience
  • Strong technical skills including accounting principles and theories
  • Knowledge of 40 ACTs Fund Accounting, Financial Reporting and Tax Operations
  • Ability to be effective in a global operating environment and a matrix management organization
  • Ability to build and maintain effective working relationships with clients and counterparties
  • Quick learner both technical knowledge and systems
  • Results orientated; ability to create and sustain a target driven environment
  • Self-motivated with a flexible approach to working hours

Benefits:

BCforward offers all eligible employees a comprehensive benefits package including, but not limited to major medical, HSA, dental, vision, employer-provided group life, voluntary life insurance, short-term disability, long-term disability, and 401k.

About BCforward:

Founded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, BCforward's 6,000 consultants support more than 225 clients globally.

BCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class place to work.

BCforward is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability.

To learn more about how BCforward collects and uses personal information as part of the recruiting process, view our Privacy Notice and CCPA Addendum. As part of the recruitment process, we may ask for you to disclose and provide us with various categories of personal information, including identifiers, professional information, commercial information, education information, and other related information. BCforward will only use this information to complete the recruitment process.

This posting is not an offer of employment. All applicants applying for positions in the United States must be legally authorized to work in the United States. The submission of intentionally false or fraudulent information in response to this posting may render the applicant ineligible for the position. Any subsequent offer of employment will be considered employment at-will regardless of the anticipated assignment duration.

Interested candidates please send resume in Word format Please reference job code 220550 when responding to this ad.


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Salary Details

This salary was provided in the Job Posting.
$30-$31
Hourly Salary

Job Snapshot

Employee Type

Contractor

Location

Boston, MA (Onsite)

Job Type

Banking

Experience

Not Specified

Date Posted

03/26/2024

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